> Customers believed the accounts were backed by the full faith and credit of the U.S. government. This is the biggest problem with the whole situation. Consu

> Customers believed the accounts were backed by the full faith and credit of the U.S. government. This is the biggest problem with the whole situation. Consumers should be free to invest in whatever risk tolerance they choose, but it’s not okay if they’re under the impression that their investments/deposits are insured by the government.